CBA issues $100 million worth of subordinated notes
The Commonwealth Bank (ASX:CBA) has today announced it will issue AUD 100 million worth of subordinated notes.
The 3.66 per cent subordinated notes are due 2034.
The move follows the issue of US$2.5 billion worth of subordinated notes on 12 September 2019.
CBA says the issue of subordinated notes will not have a material impact on its financial position.
Shares in CBA (ASX:CBA) trading 9.4 per cent higher at $82.47
Copyright 2019 – Finance News Network
Source: Finance News Network
